Acquisition driving acceleration of‘clean label plant-based proteins’
Culver City, Calif. – V2Food, an Australia-based manufacturer of plant-based meat, has teamed together with Ajinomoto Co., Inc. and purchased plant-based chicken booting, Daring Foods. The acquisition is about “accelerate plant-based private order.” Daring Foods, Los Angeles, will continue to operate under their own brand name, according to the company. Financial terms of the purchase were not disclosed.
At the moment V22Food said it used a “Asset light of Business model, and brought mainly for suppliers of ingredient ingredient production, what gives them to apply to market conditions.”
With Ajinomoto Co. If an additional partner is, the acquisition will also “raptsal plant-based products,” including a new frozen mealable.
“Daring has an incredible built, consume consumer colors with the US and combination to be our nutritional opportunities to be one of the world's based in plant, main executive officer of V2FOOD.
Founded in 2018 by Ross Mackay, Daring Foods produces plant-based chicken with water, soy protein, sunflower oil, salt and natural taste.
The start-up partner with rastelli Foods GroupA supplier for food supply and producer of meat, poultry and Seafood products, to start their plant-based chicken in 2019.
Dared letter closed a $ 8 million Series in financing In 2020 to support his mission to support “Chicken of the offer of the increased marketing, innovation and staff.”
In 2021 The startup increased $ 65 million in a series of C Financing round, to bring his total funding to over $ 120 million, the company said.
“We are excited about this next chapter and aligned culturally,” said Jeffrey Gendelman, CEO of Daring Foods. “Daring was built on a commitment for cleaning clean upon cleaning or quotes to be able to provide a problem, this is how the space is to be built from the beginning: thoughtful, profitable, and as healthy.”
Enjoy this content? Learn about more disruptive launching on the Food Entruder page.
